Importance of Education
Under-Graduation – B.Com., Vikram University Govt. College, Ratlam
Post-Graduation – M.Com, Vikram University Govt. College, Ratlam
Professional Qualification – CAIIB
Please give us a summary of your Career.
I joined SBI in 1994 as Clerk. After 8 years service got promoted as Officer. Posted in various cities, town, and villages. I have worked in different positions like Field Officer, Branch Manager, Manager of Loan Division, Manager HR, Chief Manager Advances. My current job responsibilities as chief manager include scrutinizing loan applications, verifying KYC and credentials of borrowers. Sanctioning of Advances and supervision and their follow up are some things I have to do on a daily basis. The recovery of advance is the most challenging task. However, getting the co-op of government officials in the recovery of advance is also crucial for loan recovery. I also have to look at settlements of bad loans through compromise, at times.
Please describe your current Job Responsibilities as Chief Manager.
My daily job responsibilities entail the supervision of loan portfolio of the branches under the region, and the consequent system and procedures followed by the branches. I check if the banks’ lending policies are being followed by the branches. I have to ensure that every target assigned to the branches is efficiently met with. There is the allocation of required resources in the necessary departments and ensuring their delivery to all the nodes in the region. I need to conduct regular, extremely frequent on-site visits to ensure that money allocated to individuals/ corporation as loans are being utilized for the mentioned purpose. I also have to manage the execution of all actions necessary against defaulters, if any.
Average Income in Banking Profession as Chief Manager in the current scenario
Starting out/Fresher – 2-5 Lakhs Per Annum
5 Years of Experience – 5-10 Lakhs Per Annum
10 Years of Experience – 10-20 Lakhs Per Annum
15 Years of Experience – 20-40 Lakhs Per Annum
20 or more Years of Experience – 20-40 Lakhs Per Annum
How do you rate the Income Potential in your career?
On an average, how many hours do you work per day?
More than 9 hours
On an average, how many days in a week do you work?
How often are you required to work in night-shift?
Does your work as Chief Manager of SBI require you to travel?
Does your work as Chief Manager require you to relocate to different town/cities?
How would you consider the job security in your profession?
Would you consider this Profession Risky?
Safe lending and Recovery from critical borrowers is risky.
Overall, how would you rate Work-Life Balance in your Profession?
Overall, how would you rate Job Stability of your Profession?
What are the different ways of entering this profession?
Passing the entrance exam and interview when vacancies are published by the bank.
How would you rate Stress-Level in your Profession?
How would you rate your office/work infrastructure?
How would you describe your co-workers?
Generally speaking, your work as Chief Manager is
Overall, how would you rate Work-Culture in your Profession?
Importance of Education in Your Profession
Would you say that Education from top School/College plays a major role in the success in this Profession?
What level of Education is sufficient to be successful in this Profession?
Graduation in Relevant Stream
Would you say that Studious students are generally successful in this Profession?
How would you consider the Cost of Education post 12th?
What is the cost of education (post 12th) of this profession at present?
Overall, how would you rate the role of Education in your Profession?
According to you, what kind of person is likely to be Happy & Successful as Chief Manager in Banking Profession?
First Personality Trait – Prefer working alone or in small groups and focus on few tasks at a time
Second Personality Trait – Focus on facts and details and apply past experiences to come up with practical solutions to problems
Third Personality Trait – Prefer to make decisions using logic by weighing pros and cons
Fourth Personality Trait – Prefer to be organised and stick to plan
Fifth Personality Trait – Prefer routine and stable life
Sixth Personality Trait – Prefer to be self-disciplined and organised
Seventh Personality Trait – Prefer to be just and fair and not try to make everyone happy
Eighth Personality Trait – His/Her Family and Friends agree that S/he get easily stressed out, angry and irritated
Please provide details
Stress is a very prominent spect in a banker’s life. So, you need to be calm and level-headed. You may have to work in different cities. Hence, you should be able to adapt to your surroundings well. That can also be stressful for some people.
What are some of the positives, which would encourage someone to join your Profession?
Since there are a lot of aspects I need to take care of as Chief Manager, I never really know what the day may hold for me. However, that can also make the very interesting and it is something to look forward to. There is a lot of travel involved. it can get hectic but that also depends on the type of personality you have. The work culture is good. It is a prestigious job in society, work-life balance depends entirely on the individual It is a transferable job, you will be required to move every two to three years. There is a lot of job security and there is a steady growth in income over the years. Due to staff shortage, it is becoming difficult to get leave but the organization does provide you with a lot of incentives.
What are some of the negatives that you would want someone to be aware of when considering a career as Chief Manager in Banking?
The income is average, especially when one is starting off in their career. Work-life balance is somewhat difficult to maintain as you are constantly on the move. You may have to stay alone, away from your family as it may not be possible for the entire family to shift as frequently. This can be extremely difficult for some people. Working hours are nine to ten hours, daily or maybe longer, depending on the day. Priorities get changed every day. Whatever you may have planned in the morning, may not be executable after three hours.
Recognition in your Profession
What is your family’s view of your Profession?
My Family is Impressed
What is Friends’ view of your Profession?
My Friends are Impressed
What is Society’s view of your Profession?
Society is Impressed
Overall, how would you rate the Recognition aspect of your Profession?
General Information of your Profession/Business
What kind of family’s financial background can maximize success in this profession?
It Doesn’t Matter
What is the ease of starting own business in this field?
How easy is it to move to a different country in this profession?
Now you have several years of work experience and you have seen professions of others. If you are taken back to 10th/12th class and allowed to pick a profession, then which profession will you pick and why?
I would like to be a professor at a college. Teaching students of college is a difficult job but it is a rewarding profession. The income is good and has relatively fewer amount of stress.